Market Analysis – May 6 The NZDUSD pair is showing encouraging signs of a bullish continuation, following a decisive recovery from its recent decline. After plunging to the key demand level at 0.5550, the pair staged a sharp bullish reversal, signalling a renewed buying interest in the market. Although momentum briefly waned after the initial […]
S&P 500 under Bulls’ control S&P 500 Price Analysis – 06 May If the $5590 position holds, the S&P 500 can increase and reach the resistance levels of $5667, $5757, and $5879. If the price breaks through the $5590 support level, it might test the $5500 and $5414 possibilities. Key Levels: Resistance levels: $5667, $5757, […]
Bulls are increasing ADA Price Analysis – 06 May Cardano may attempt testing the resistance scenarios of $0.77 and $0.81 if they are able to keep the price above the $0.74 hedge. If the $0.69 hedge is translated, the $0.64 and $0.50 support options will be taken into account. Key Levels: Resistance levels: $0.74, $0.77. […]
Bullish momentum is increasing SPONGEUSDT Price Analysis – 05 May Bullish momentum will accelerate when the price breaks above the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. Should the bulls continue to exert pressure, the price may surpass $0.000330. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support […]
NAS100 Analysis – May 4 NAS100 is poised to extend its rally following confirmation of a bullish breakout. The index is displaying renewed strength after validating a move to the upside. The 9-day Simple Moving Average (SMA) now has a positive slope and is positioned around $19,330, serving as dynamic intraday support. At the same […]
Bulls’ pressure increase in EURUSD market EURUSD Price Analysis – 05 May If buyers can break through the resistance level at $1.15, they might be able to push the price up to the $1.16 and $1.18 barrier levels. Prices may go below the $1.10 and $1.08 support levels if sellers are able to keep the […]
Market Analysis – May 5 The USDJPY currency pair recently pulled back to the significant demand level of 151.00 for a retest after breaching this zone. This move enabled sellers to short the market, resulting in a price decline to the next support level of 140.40. Following the price retest of the 140.30 demand level, […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY exchange rate has risen above the lines of the moving average but resumes its range below the level of 164.00. The currency pair oscillates below the resistance level at 164.00 but above the 21-day […]
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Buyers are increasing SPONGEUSDT Price Analysis – 02 May Bullish momentum will accelerate when SPONGEUSDT breaks above the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. If the bulls continue to push, the price may surpass $0.000330. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: $0.000081, $0.000040, […]
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